The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-25
FINANCE AND COMMERCE.
Money 8 Per Ceat., New York Ex'
change IS Premium. 4
cotton NaIet-lndaifng Csstes' 10
sales To-day, loo
Bales.

APPEAL OFFICE.
WRRsSAy HvHHIHs, August a. iSS'.'
Money rates are unchanged and
steady ct 8 per cent.
Memphis spot cotton remains quiet
and unchanged. New Orleans futures
closed easier; August futures up b
points, September : and the new crop
months to Z. At Liverpool spot cot
ton is quiet and futures unchanged.
The New York cotton market closed
steady at an advance OF l'lso on all
grades; August futures advanced l
point, September points and the new
crop months Q to 5 points.
q. L Greene 4 Co.'s report Of the
34th on cotton failures says: Trading
aas been generally somewhat slow In
cotton contracts today, without much
feature except an apparent indlsposi.
ton to cell with much freedom, and
this has served 10 make the cost frac-
Honally higher. The most decided
f,mness was on the near options, over
which tbs old feeling Of nervousness
still seems to prevail, with the shorts
inclined to cover as they see supplies
gradually disappearing through free
mot business. The later months
strengthened In sympathy, but found
lev new buyers, as the afternoon crop
reports were more cheerful in charac.
ter and the S1u!h showed some incli-
nation to cell, though no. crowding
nstterr. Altogether the main feature
was the strt myth on September, which
closed 8 points higher and the
months beyond 2 points above last
evening. Tone firm"
The sirival Of barrel Of new, syrup
at New Orleans last Monday created
sonside rAbls interest in sugar circles,
arising from the fact Of lie unusually
early arrival, which Is accepted as an
Indication Of avery early grinding
season. As TO the sugar crop, Willstl
L Hamliu, Of New York. in q recenl
circular say: "rhe total stock In al
the principal countries is s49,3le tons
against l,0'S,I30 tons last year, ant
against last weeks figures Of s8s, 32l
tons and l,003, 585 tons--a reduction o
1000 tons for the week. There Il
ntsle or nothing doing In cos< anC
keight business. A few csrgoes o
Sandwich Island sugar are snOas, anS
partly due, but The total quantity. ga,
about 9,0c0 tons, is no larger thai
came by the overland route last year
and wi / have no perceptible inf uenc
on the market. Refined Is In steady
iair demand. but only about suficieh
70 meet the demand, which pre-
vents improvement In price
A small demand for expo
Ia noted al the close. Favorable &C
Wees are received from nearly oil can
growing countries rs TO the next se'
sons crops, although too early 90 u
TO estimate satisfactorily. Beet Gro
estimates remain slightly les tha
LAST year, with uncertain prospects
anal outiurn. Louisians crop Z, mair
In large prospective, bat will scsrcel
balance the reduction In supplies, no
already t6,S8S tons since January Ii
o. noted above. The crop Is slmo
always overestimated at this time
year"
Inr Hr5.
Two hundred AID thirty nine PIX
butter, S23 rolls baeging, Ss7 pk
bacon, 100 pkgs b ,ots and shoe
1900 bu cirs, 100 pkgs chetf
70 sks coffee. 90 pkgs dry goot
70 pigs eggs, s67 brls q ur, Y
bales hay, % ptg- hat, l bead Gait
10 pkga lard, $1,000 feet Lumber,
Pkg liquors, 800 brls lime, HOO K
nall, l0C0 bu oats, IL brls pc atoes
ear pork sides, IL pkgs rice, 92 b
sugsr, 8l6 pkes tposcco, 600 bu whe'